European stocks welcome the release of risk sentiment! The US and Europe have reached a 15% tariff agreement, with the automotive and luxury goods sectors expected to lead the way.

Zhitong Finance APP has learned that investors expect European stock markets to rebound on Monday after reaching a trade agreement between the United States and the European Union. At that time, car manufacturers and luxury goods manufacturers will lead the rally. On Sunday, US President Trump and European Commission President von der Leyen announced that the US has reached a 15% tariff agreement with the EU. Trump said the EU will increase investments in the US by $600 billion more than before. This European leader stated that this tariff covers all goods, but Trump said it does not include drugs and metals.